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Silver-Gold Ratio Hits 28 Year Low and Predicts $100 Silver Coin Price

The price ratio of silver coins to gold coins hit its lowest level since 1983 last week when the number hit 38.

 
PRLog - Mar. 29, 2011 - The price ratio of silver coins to gold coins hit its lowest level since 1983 last week when the number hit 38. According to experts, if the ratio simply was to move back to its normal range, the price of silver could be headed towards $100.

From a very long term perspective, the silver-gold ratio has been in the 16 range. If the long term price ratio were to return to the normal range, the price of silver coins would be near $90 today.

Investor demand is pushing the ratio down from 65 in September to near 38 today. If the record demand for silver coins continues to increase, the ratio will continue to head down and the bull rally in silver coins could continue.

To buy silver coins for your investment portfolio before the price jumps to near $90, please contact the Global Gold Group at 888-700-4148 or check out their website at http://www.aglobalcurrency.com. Their website has the latest in gold coin and silver coin news and will have frequent updates on the silver-gold ratio.

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Source:Global Gold Group
Country:United States
Industry:Jewelry, Finance, Banking
Tags:silver gold ratio, gold price, silver price, gold coin, silver coin, invest in gold, invest in silver, buy silver, coin
Shortcut:prlog.org/11406818
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